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Bank of Canada December 2011 Financial Stability Review Is Sobering

The Bank of Canada has released the Financial Stability Review for December 2011 with articles:

Risk Assessment

Macrofinancial Conditions
Key Risks

Global Sovereign Debt
Economic Downturn in Advanced Economies
Global Imbalances
Low Interest Rate Environment in Major Advanced Economies
Canadian Household Finances
Safeguarding Financial Stability
Strengthening Bank Management of Liquidity Risk:
The Basel III Liquidity Standards
A Fundamental Review of Capital Charges Associated
with Trading Activities
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Market-making […]